3323 Oakes Avenue #1-12, Everett, WA 98201

Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by:donna marshall
Office:skyline properties, inc.
MLS#:2407341
Source:NWMLS
3323 Oakes Avenue #1-12,Everett, WA 98201
$2,200,000
Virtual Tour
  • - Beds
  • - Baths
  • 9,200 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$2,200,000
  • Price per sq. ft.:$239.13

About this home

Built in 1980, Royal Oakes offers an investment opportunity with both immediate cash flow and potential upside through unit renovations. The current4.7% cap rate should stabilize near the 5% range as rents are increased in 2026, basic renovations could allow for a cap rate above 8%. Versatile unit mix of six 2-bedroom/1-bath apartments, two 2-bedroom/2-bath units,and four 1-bedroom/1-bath units, Most with in unit Laundry. Recent upgrades include two roofs replaced five years ago.Amenities including secure building access, private decks, professional landscaping, an elevator for easy accessibility, and two ADA-compliant units.14 garage parking stalls, additional guest parking, ample off-street parking, and two coin-operated laundry rooms.

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Home facts

  • Year built:1980
  • Listing ID #:2407341
  • Updated:September 25, 2025 at 01:43 PM

Rooms and interior

  • Living area:9,200 sq. ft.

Heating and cooling

  • Heating:Baseboard, Radiant

Structure and exterior

  • Roof:Flat Roof
  • Year built:1980
  • Building area:9,200 sq. ft.
  • Lot area:0.28 Acres

Schools

  • High school:Everett High
  • Middle school:North Mid
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,200,000
  • Price per sq. ft.:$239.13
  • Tax amount:$19,178 (2025)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 25, 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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